Main image: Housing Secretary James Brokenshire
Government cuts security deposit cap for rentals under £50k pa
Rental properties charging less than £50,000 per year can now only claim five weeks' rent as a security deposit
Government publishes official guidance on the Tenant Fees Ban
"If the fee you are charging is not on this list, it is a prohibited payment and you should not charge it"
By PrimeResi
Opinions sought on new money-laundering rules for high-end letting agents
The EU's Fifth Money Laundering Directive is slated to come into play in January, requiring UK letting agents dealing in rents above €10k per month to carry out AML checks on their clients.
By PrimeResi
Government moves to ‘end the unjustified selling of new houses as leasehold’
Communities Secretary James Brokenshire has launched a technical consultation into leasehold reforms, proposing that new lease ground rents be capped at just £10
By PrimeResi
Most read
Strutt & Parker launches broker team to ‘super-charge’ prime London business
Exclusive: After six months building a crack team of PCL brokers, sales chief Claire Reynolds has unveiled a new 'hybrid' operating model that promises to 'redefine agency' in the capital.
By PrimeResi
OB Private scales up with senior hires & new brokerage arm
Six new recruits arrive - including an established team from Chestertons - as PCL agency rolls out broker platform alongside employed structure.
Grant J Bates Property installs new lettings boss
Ex-Hamptons associate director to spearhead prime lettings push at fast-growing luxury brokerage.
Talking Heads: How a cyber-attack put the PCL property sector in limbo
PrimeResi hears from some of the capital's top property brokers, lawyers & developers, about how November's IT hack exposed a fragile planning system, put transactions on ice, and continues to cause 'havoc'…
By PrimeResi
Ex-Savills & JLL duo take on Winkworth franchise in north London
Seasoned operators acquire Crouch End outpost & eye expansion.
Dubai luxury scheme sells out on launch after 3,000-broker preview
DIFC Zabeel District’s first resi development fully sold as city's market momentum continues.
Buyer picks up rare project on Belgravia’s Chester Square
Unmod townhouse on arguably the neighbourhood's classiest garden square sold off a £11.95mn guide.
High-end estate agency opens Cotswolds HQ
Boutique firm expands with flagship base in Oxfordshire hotspot.
Boutique comms team picks up St John’s Wood Square brief
Ebury Comms to lead global communications for 5.5-acre super-prime project in NW London.
Cohort agrees £20mn loan against £56mn Mayfair home
Big-ticket refinancing was agreed in only three weeks.
By PrimeResi
LATEST ARTICLES
In Pictures: Conran and Partners completes ‘townhouse-inspired’ Canada Water penthouse
Interiors practice unveils fresh take on high-rise living at The Founding, part of the first phase of British Land’s 53-acre Canada Water masterplan.
Agent showcase marks next sales push at The Lucan
Chelsea’s Marriott-branded residences enter final release with more than half sold.
A Reflection of Change: Harry Dawes on how PCL agency has evolved
A seasoned London agent reflects on market cycles, career paths and the rise of alternative models.
By Harry Dawes
My Property Career: Quickfire Q&A with Hamptons’ Sue Fisher
Recruitment guru Barry Collins chats with prime resi industry leaders & entrepreneurs, distilling decades of experience & career highlights into 60 seconds.
Consero starts works on ‘flagship’ Virginia Water scheme
Construction has started on a ten-house development in the affluent Surrey area.
By PrimeResi